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Indiana’s Casinos start Sport betting, While Ohio is Considering to Legalize it

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While the lawmakers in Ohia and Kentucky are still thinking about bringing the bills that legalize sports betting, a second Greater Cincinnati casino in Indiana has launched the sports betting services on November 11. Rising Sun Casino Resort is now offering sports betting options for gamblers. The casino will also allow betting on sports starting with an event featuring former Cincinnati Bengals Players.

Indiana has legalized sports betting on September 1 and now 10 casinos across the state are offering sports betting including Greater Cincinnati’s Hollywood Casino Lawrenceburg. All ten casinos took $35 million in sports betting in September and made an outcome of $8.6 million with $800,000 in taxes for the state.

That means sports betting has a good future in the state and a large number of casinos are including it in their business.

Indiana is the 13th state in the US that has legalized sports betting. In 2018 US Supreme Cout ruling allowed the states whether they want to run sports betting or not. Ohio lawmakers are brining two bills to make sports betting events legal in the casinos. The bills are facing resistance from the debate among lawmakers about who will regulate the sports betting industry and what kind of betting will be legal in the state.

The debate is including both the bills that are seeking the way to make sports betting legal in the state. House Bill 194 was introduced in April and it is co-sponsored by Cincinnati Democrat State Rep. Brigid Kelly and Westlake Republican State Rep will place control of sports betting under the Ohio Lottery Commission. They will also choose an investigation into the industry to the Ohio Casino Commission.

The second bill, Senate Bill 111 will give the casino commission full control to run the sports betting in the state. House Bill 194 will execute the return of a 10-percent tax on sports betting. The tax will be used for public education and the effort to fight gambling addiction.

The bills to make sports betting legal in the state are facing opponents that are telling the members of the Ohio House about gambling disadvantages. Supporters in favor of the legalization of sports betting are finding gambling already taking place in the state. And people are also visiting Kasinohai – löytää netticasino for casino gambling and betting.

In May 2018, the US Supreme Court gave a decision in the PASPA case in favor of New Jersey. The PASPA case was regarding the 1992 federal ban on sports betting in most states that violated their rights. After the Supreme Court ruling, most of the states including New Jersey and Rhode Island legalized sports betting.

In June 2018 Delaware implemented full-scale sports betting after Nevada. On June 11, 2018, New Jersey became the third US state to legalize sports betting after Nevada and Delaware. Further several other states legalized sports betting and now Indiana became the 13th US state which has legalized sports betting in Casinos and Ohio lawmakers are debating on the bills. Some states are still considering which department will regulate sportsbooks and are choosing between their respective gambling commissions and lottery boards.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Meet the Team: The Experts Driving Phoenix Capital Group’s Vision

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A popular saying in business is that behind every successful company stands a skilled and dedicated team of professionals working every day to achieve more. That’s the case at Phoenix Capital Group Holdings, LLC, where experts drive the company’s vision to new heights.

Thanks to the hard work and dedication of its exceptional team, Phoenix Capital Group consistently strives to deliver value and high-quality returns to individual landowners and investors in the oil and gas industry.

Here are a few of the experts leading the charge at Phoenix Capital Group.

Adam Ferrari, Chief Executive Officer

Adam Ferrari, the son of co-founders Daniel and Charlene Ferrari, serves as the CEO of Phoenix Capital Group. With nearly 20 years of experience in the oil and gas industry, Adam has been instrumental in leading the company and focusing on key initiatives that drive substantial growth.

Raised in a small farm town in Illinois, Adam learned the values of hard work, grit, and determination from an early age. He graduated magna cum laude from the University of Illinois at Urbana-Champaign with a degree in chemical engineering. Starting his career at BP in the Gulf of Mexico, Adam honed his engineering skills before moving through various leadership roles at the company and later transitioning to investment banking at Macquarie Capital.

Adam’s entrepreneurial spirit led him to found multiple oil and gas ventures throughout his career. Phoenix Capital Group is the culmination of his diverse experiences and his most significant project to date.

Adam is married to Brynn Ferrari, the CMO of Phoenix Capital Group. They have a young son and hope to expand their family in the future. Outside of work, Adam enjoys spending time with his family, exploring local cuisine with Brynn, and watching USC Trojans football.

Curtis Allen, Chief Financial Officer and Partner

Curtis Allen brings over 10 years of experience in financial services—with a strong emphasis on investment analysis—to his role as CFO and Partner at Phoenix Capital Group. A CPA, Curtis has a broad range of financial experience, from preparing private taxes to auditing billion-dollar defense contractors. He has managed investments for corporate and personal clients for over seven years and holds Series 7 and 66 licenses. He has also passed the CFA Level 1 exam.

At Phoenix Capital Group, Curtis oversees all finance and accounting functions, as well as various day-to-day operational tasks.

A family man, Curtis is married with two children. Outside of work, he enjoys outdoor activities such as playing beach volleyball with his wife and bicycling with his family.

Lindsey Wilson, Chief Operating Officer and Partner

Lindsey Wilson, COO and Partner, brings extensive practical experience to Phoenix Capital Group. She has led various diverse, multidisciplinary teams within the energy sector, and she prides herself on setting and achieving aggressive business goals while ensuring all employee needs are met.

A founding member of Phoenix Capital Group, Lindsey manages and oversees the company’s daily business operations. She works closely with all supervisors and department heads to support the day-to-day activities of all employees.

Lindsey began her career in the oil and gas industry in 2011 as a leasing agent in Fort Worth, Texas. This foundational experience served as a springboard, allowing her to transition into more advanced roles within the mineral and leasehold acquisition space.

Combining her practical oil and gas experience with skills gained in sales, marketing, and underwriting in the hospitality and banking sectors, Lindsey has successfully led Phoenix Capital Group’s multi-functional organization. She holds a BBA in Marketing from the University of Texas at Arlington.

Lindsey is married with a daughter. She enjoys spending time with her family and training for marathons.

The Entire Team at Phoenix Capital Group Contributes to Its Success

Adam, Curtis, and Lindsey have over 60 years of combined experience in the energy sector. They bring a diverse array of skills in software development, engineering, finance, and more to Phoenix Capital Group.

However, the company’s immense success would not be possible without the dedication, skills, and hard work of the entire team.

The large and diverse team at Phoenix Capital Group focuses on minerals, investments, operations, marketing, land, finance, technology, and more. Through their combined effort, they contribute to the company’s ongoing success and growth.

About Phoenix Capital Group

Founded in 2019, Phoenix Capital Group Holdings, LLC is a leading oil and gas mineral rights acquisition, investment firm, and operated working interest company dedicated to discovering untapped value on behalf of landowners across the United States. The family-owned company is a technology-led and client-centric focused organization dedicated to developing partnerships with its clients through property acquisitions and investment opportunities. With a team of experienced professionals with expertise in software development, engineering, and finance, Phoenix Capital Group boasts over 60 years of combined experience in the energy sector, focusing on capital deployment and asset management.

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